3 ms·
This post begs the question that going the VC rout is right for "you," which is rarely the case. Most founders and startups are better off bootstrapping and po
by chris123 17y ago
This post begs the question that going the VC rout is right for "you," which is rarely the case.
Most founders and startups are better off bootstrapping and positioning for an early exit than chasing VCs. If you don't know what an early exit is, why it's a good option to have, and why VC's will usually block it, see Basil Peter's blog, http://www.angelblog.net/ http://www.angelblog.net/ (he's compiled much of the info on his blog into a PDF called “Early Exits," which you can find there, too).
I'm digressing, but the point is, VCs are wrong for 99% of startups, and that's a good thing. You do not want them unless you don't need them, in which case they will be chasing you and pitching you, which is the way it should be. Bootstrap or get an angel investor.
Signed,
Former Venture Investor, now startup founder
- jacquesm 17y agoThat's actually a really good point. But even with angel investors plenty of these points still apply.
- deleted 17y ago[deleted]